Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Up 108.8% in December

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 37,782 shares, an increase of 108.8% from the November 30th total of 18,094 shares. Based on an average daily trading volume, of 50,389 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 50,389 shares, the days-to-cover ratio is presently 0.7 days.

Global X Adaptive U.S. Factor ETF Price Performance

Shares of Global X Adaptive U.S. Factor ETF stock traded down $0.01 during midday trading on Friday, hitting $46.96. The company had a trading volume of 30,317 shares, compared to its average volume of 72,827. Global X Adaptive U.S. Factor ETF has a 1-year low of $38.55 and a 1-year high of $46.99. The business’s 50 day simple moving average is $45.83 and its two-hundred day simple moving average is $45.55. The stock has a market cap of $751.83 million, a PE ratio of 13.73 and a beta of 0.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AUSF. Able Wealth Management LLC lifted its holdings in shares of Global X Adaptive U.S. Factor ETF by 48.7% during the 3rd quarter. Able Wealth Management LLC now owns 128,806 shares of the company’s stock worth $5,991,000 after acquiring an additional 42,183 shares during the period. Avantax Advisory Services Inc. raised its position in Global X Adaptive U.S. Factor ETF by 81.9% in the second quarter. Avantax Advisory Services Inc. now owns 66,388 shares of the company’s stock worth $2,968,000 after purchasing an additional 29,894 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Global X Adaptive U.S. Factor ETF by 19.0% during the second quarter. Janney Montgomery Scott LLC now owns 21,764 shares of the company’s stock worth $973,000 after purchasing an additional 3,474 shares during the period. IFP Advisors Inc acquired a new stake in Global X Adaptive U.S. Factor ETF during the second quarter valued at approximately $70,000. Finally, Cetera Investment Advisers grew its stake in shares of Global X Adaptive U.S. Factor ETF by 585.6% in the 2nd quarter. Cetera Investment Advisers now owns 156,018 shares of the company’s stock valued at $6,974,000 after purchasing an additional 133,261 shares during the period.

Global X Adaptive U.S. Factor ETF Company Profile

The Global X Adaptive U.S. Factor ETF (AUSF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks with exposure to value, momentum, and\u002For low volatility factors. Factor exposure is determined by the recent performance of each factor. AUSF was launched on Aug 24, 2018 and is managed by Global X.